New Issue: Goldman prices $2.57 million absolute return notes linked to Euro Stoxx

By Susanna Moon

Chicago, June 16 – Goldman Sachs Group, Inc. priced $2.57 million of 0% index-linked notes due Dec. 21, 2016 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par plus the gain, up to a maximum settlement amount of $1,169 for each $1,000 principal amount.

If the index falls by up to the 83.1% trigger level, the payout will be par plus the absolute value of the index return.

Otherwise, investors will be fully exposed to any losses.

Goldman, Sachs & Co. is the underwriter, with JPMorgan as placement agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	Euro Stoxx 50
Amount:	$2,572,000
Maturity:	Dec. 21, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any gain, capped at 16.9%; if index falls by up to 16.9%, par plus absolute return; otherwise, full exposure to any losses
Initial index level:	3,502.77
Trigger level:	83.1% of initial level
Pricing date:	June 12
Settlement date:	June 17
Underwriters:	Goldman, Sachs & Co., with JPMorgan as placement agent
Fees:	1.4%
Cusip:	38148T5F2

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